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Traders Plan

Competitive Pricing

₹ 5 per Lot OR Max ₹20 per Order across all segments.

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Lowest Charges, Great Service

No Call & Trade Charges
Personalized Support
No Report Charges
No Intra-day square-off charges
No Profile Modification Charges
No CMR Charges

Advantages of Opening Your Account with Maitra

Single account for investing in Stocks, Commodities, IPOs, Mutual Funds & SGB

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4 Easy Steps To Begin

Step 1
Open a Trading & Demat account

30 min verification process

Step 2
Select your Investment

Payin just takes 5 min

Step 3
Choose your

Cash, FnO, Commodities

Step 4
Evaluate suggestions for investment

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Frequently Asked Questions

1. Trading Account
2. Demat Account
3. Bank Account

1. Trading Account
2. Demat Account

A trading account is used to purchase and sell shares in stock markets or Commodity Markets.

1. Credit risk
2. Market risk
3. Liquidity risk
4. Legal risk
5. Operational risk

Securities transaction tax (STT), Commodities transaction tax (CTT), Goods & services tax (GST), SEBI charges, Stamp Duty, Exchange transaction charges, clearing charges etc.,

Indices like Nifty 50, CNX IT Index, Bank Nifty Index, CNX Nifty Junior, CNX 100 , Nifty Midcap 50, Mini Nifty and Long dated Options contracts on Nifty 50. and Individual stocks. Please verify NSE web site to get latest list.

To open an account visit our website and click on the button OPEN AN ACCOUNT or alternatively click on the link

The following documents are required to be uploaded into our system during the Account Opening Process.

a. Scanned Copy of PAN CARD
b. Income Proof pdf.
c. Scanned Copy of AADHAR Linked to your Mobile Number.
d. Scanned Copy of Photograph.
e. Scanned Copy of Cancelled Cheque.
f. Computer / Mobile with WEBCAM and MIC for IPV.

Since the year 2004, RBI or India’s Reserve Bank has made it compulsory that all Indian financial institutions, banks, and other financial organizations verify both the identity and address of all customers who are to carry out any kind of financial transactions with them. To do so without too many logistical inefficiencies, the KYC process was introduced by the RBI as the only mode of verification. Hence, KYC meaning to ‘know your customer’ is an effective way to streamline the process of verifying the authenticity of one’s customer.

One of the main reasons why KYC is important is that it is to ensure that financial bodies are not being used to carry out money laundering activities of any kind. Money laundering typically happens unbeknownst to the financial authority whose platform is being used for such activities. With KYC online verification and offline KYC authentication in place, banks can catch any potential money laundering rings.

Another reason why KYC is important is that there are many non-individual customers that use financial services like trading, mutual fund investment, and more. With KYC, banks, and financial institutions, and brokerages, among others have the right to verify the legal status of that entity. This can include cross-checking their operating address and verifying the identities of their beneficial owners and authorized signatories.

In addition to learning whether these companies are authentic, the KYC process also requires that one detail the nature of their employment as well as the business carried out by the customer. This information is also useful in verifying how authentic the individual and/or company is. Before all this information is provided, the KYC verification mandates that one cannot open a bank account, trading account, demat account, or any of the like.

The answer is Yes & No.

You need a Demat Account number to settle trades electronically. Having a Demat Account allows you to buy shares and store them safely. It can be used to hold a variety of investments like equity shares, exchange traded funds, mutual funds, bonds, and government securities.

If you are a intraday trader and not planning to carry forward positions till the next day or take delivery of the equities Demat account is not Mandatory.

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